Q&A
Asked by jeanellwoodruff
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi jeanellwoodruff,
Was your spouse taking
RMDs before he passed? Here is a link to the
IRS worksheet for calculating your
RMD:
https://www.irs.gov/pub/irs-tege/u...
Q&A
Asked by mark
Answered by Robert (Bob) Shoff
Financial Adviser in Marshfield, MA
Financial Adviser in Marshfield, MA
It depends on the company that manages your
401(k), but there are usually loan options
available with no tax.
Q&A
Asked by an anonymous user
Answered by Robert (Bob) Shoff
Financial Adviser in Marshfield, MA
Financial Adviser in Marshfield, MA
Hire a broker or subscribe to a broker
website. I would be cautious to use a website
over a broker in person.
Q&A
Asked by an anonymous user
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Anonymously.
Are you spending less than
$3,000/month now and can you keep doing this
before you retire on $3,000/month from Social
Security? If this is the case,...
Q&A
Asked by tkels1
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi there,
Great question. They are both
very popular plans.
The Education IRA is
now called a A Coverdell Education Savings
Account (ESA).
On 529 plans or col...
Q&A
Asked by Cadavis730
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Cadavis730
It’s an individual answer and
there are of course many variables to
consider.
As an Investment Manager and
Fiduciary, my thoughts are on the value of...
Q&A
Asked by ellensens723
Answered by Barry Rabinowitz
Financial Adviser in Plantation, FL
Financial Adviser in Plantation, FL
If you do not use the house or rent it out
there is an opportunity cost, which represents
the fair market value (FMV) of the home. If
you sold the home, you would hav...
Q&A
Asked by Milton
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Milton,
The safest way to invest $25,000
is with a bank that offers FDIC insurance. Of
course, your ROI may be negative after
inflation. Perhaps, you can provid...
Q&A
Asked by an anonymous user
Answered by Dustin Javier
CFP® AWMA® CERTIFIED FINANCIAL PLANNER™ in Bartlett, IL
CFP® AWMA® CERTIFIED FINANCIAL PLANNER™ in Bartlett, IL
Great question. By "max out" I am assuming
you are contributing the full $18,000 per year
if you are under 50yo.
One way to get
funds to a Roth IRA is through th...
Q&A
Asked by Marinaathomas
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Hello Marina,
There are a few ways you can
use MoneyTips to find a professional in your
area. You can use the search feature, just
look for the magnifying glass at ...
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